Check my work Lakeside Winery is considering expanding its winemaking operations. The expansion will require new equipment costing $667,000 that would be depreciated on a straight-line basis to zero over the 4- year life of the project. The equipment will have a market value of $177000 at the end of the project. The project requires $47000 initially for net working capital, which will be recovered at the end of the project. The operating cash flow will be $181,400 a year. What is the net present value of this 10 points 033102project if the relevant discount rate is 11 percent and the tax rate is 34 percent? eBook Multiple Choice Print -$46,190 References -$43,303 -$38,973 -$55,270 -$51,322